Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
American Water Works beats third-quarter profit, revenue estimates
(Reuters) - American Water Works on Wednesday beat analysts' estimates for third-quarter profit and revenue, buoyed by the drinking water and waste water management services provider's efforts to rais...
Nov 01, 2023
Brazil central bank cuts rates by 50 bps, signals further reductions ahead
By Marcela Ayres BRASILIA (Reuters) - Brazil's central bank cut its benchmark interest rate by 50 basis points on Wednesday for the third time in a row and once again signaled more of the same for its...
Nov 01, 2023
Lincoln Financial swings to quarterly profit on higher investment income
(Reuters) - Lincoln Financial Group posted a quarterly profit, compared with a year-earlier loss, benefiting from a rise in its investment income. A recovery in global capital markets this year on hop...
Nov 01, 2023
Canada govt spending to feed inflation next year, central banker says
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) - Spending by federal and provincial governments in Canada will start feeding into inflation next year if current spending plans are maintained, Ban...
Nov 01, 2023
Marketmind: Fed relief to juice risk appetite
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set to open higher on Thursday, lifted by Wall Street's surge...
Nov 01, 2023
Boston Properties forecasts weak full-year FFO on higher interest expenses
(Reuters) - Boston Properties on Wednesday forecast full-year funds from operations (FFO) per share below Wall Street estimates as high interest rates pressure office mortgages. The company, which is ...
Nov 01, 2023
New Fortress Energy may need to reapply for Mexico LNG permit -US
By Curtis Williams HOUSTON (Reuters) - The U.S. Department of Energy (DOE) has warned New Fortress Energy if any portion of its Altamira floating liquefied natural gas (LNG) project is located onshore...
Nov 01, 2023
DoubleLine’s Gundlach expects interest rates to fall as US economy worsens
(Reuters) - DoubleLine Capital CEO Jeffrey Gundlach expects interest rates are about to trend lower as the U.S. economy deteriorates further and tips into a recession in early 2024, he said in an inte...
Nov 01, 2023
Allstate swings to quarterly profit on higher premiums; eyes health, benefits units sale
(Reuters) - Insurer Allstate Corp on Wednesday posted a quarterly profit, compared to a year-ago loss, on the back of higher premiums in its property-liability unit. The company said it was pursuing t...
Nov 01, 2023
Host Hotels & Resorts raises full-year adjusted FFO outlook on higher hotel occupancy
(Reuters) - Real estate investment trust (REIT) Host Hotels & Resorts raised its full-year outlook for adjusted funds from operation (FFO) on Wednesday, helped by healthy hotel occupancy rates. A reco...
Nov 01, 2023
Tue Jul 14
Nashville, TN, USA
83°FFeels Like: 89°F
Wind/Dir: 15 MPH-S
Humidity: 74%
